Marshall Depot INC

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To restore, operate, and maintain the Historical Texas and Pacific Depot in Marshall, Texas.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 75-2366141) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $16K a year · 20% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
14.0 mo
of spending, in cash
14.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$373
0.04% of total assets
Liabilities are 0.04% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$85K
-3% vs prior year
Spent
$109K
To programs
100%
Net assets
$847K
By yearFY2020–FY2025
Revenue
$85K
FY2025▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$30K
FY2021$44K
FY2022$71K
FY2023$173K
FY2024$87K
FY2025$85K
Expenses
$109K
FY2025▲ +79%
Tap a bar for its year
Expenses by fiscal year
FY2020$66K
FY2021$38K
FY2022$48K
FY2023$70K
FY2024$61K
FY2025$109K
Net assets
$847K
FY2025▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$725K
FY2021$731K
FY2022$755K
FY2023$851K
FY2024$872K
FY2025$847K

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $109K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Marshall Depot INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Restores, operates, and maintains the Historical Texas and Pacific Depot.

Questions for Marshall Depot INC

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1 program · $109K · in their own filed words · FY2025
01

Marshall depot, inc. Was founded to restore, operate, and maintain the historical texas and pacific depot in marshall, texas.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 75-2366141) · Dispute this line
$109Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$85K
Ln 12
Gifts and grantsLn 1h$63K
Fees for servicesLn 2g$10K
Investment incomeLn 3$7K
Money outPt IX
$109K
Ln 25
Programscol B$109K
Owns and owesPt X
$847K
net assets · Ln 32
Cash and savingsLn 1–2$128K
Total assetsLn 16$848K
LiabilitiesLn 26$373
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$63K
Government grantsLn 1e$29K
Fees for servicesLn 2g$10K
Investment incomeLn 3$7K
Other incomeLn 4–11$5K
Gains on assetsLn 7$0
Total revenueLn 12$85K
Assets in detailPt X, end of year
CashLn 1$11K
SavingsLn 2$116K
Cash and savings togetherLn 1–2$128K
Inventories for sale or useLn 8$4K
Land, buildings, equipmentLn 10c$716K
Total assetsLn 16$848K
LiabilitiesLn 26$373
Net assetsLn 32$847K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$152K$128K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$716K$716K
Total assetsLn 16$872K$848K
LiabilitiesLn 26$314$373
Net assetsLn 32$872K$847K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$9K$9K
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$78K$78K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$109K$109K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 28, 2026 $85K$109K−$24K$847K 990 PDF
FY2024Filed with the IRS May 13, 2025 $87K$61K$26K$872K 990 PDF
FY2023Filed with the IRS Jun 7, 2024 $173K$70K$103K$851K 990 PDF
FY2022Filed with the IRS May 12, 2023 $71K$48K$24K$755K 990 PDF
FY2021Filed with the IRS Jun 20, 2022 $44K$38K$6K$731K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $30K$66K−$36K$725K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments O · Explanations
See the full FY2025 990
Part I · Summary $84,897 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $73,627$62,917
I-9 Program service revenuePrior year $4,140$9,895
I-10 Investment incomePrior year $6,809$7,120
I-11 Other revenuePrior year $2,672$4,965
I-12 Total revenuePrior year $87,248$84,897
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $61,200$109,304
I-18 Total expensesPrior year $61,200$109,304
I-19 Revenue less expensesPrior year $26,048−$24,407
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $84,897 across 10 lines filed
Lines not itemized here account for $4,965 of total revenue; see the IRS return.
VIII-1e Government grants$29,000
VIII-1f All other contributions, gifts and grants$33,917
VIII-1h Total contributions, gifts and grants$62,917
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,895$9,895
VIII-3 Investment incomeExcluded from tax $7,120$7,120
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $9,895 · Excluded from tax $12,085$84,897
Part IX · Statement of functional expenses $109,304 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $8,966$8,966
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $1,417$1,417
IX-13 Office expensesPrograms $2,081$2,081
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $15,430$15,430
IX-24 Other expenses (24a–d)Programs $78,477$78,477
IX-24e All other expensesPrograms $2,933$2,933
IX-25 Total functional expensesPrograms $109,304 · Management $0 · Fundraising $0$109,304
Part X · Balance sheet $847,622 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $42,846$11,378
X-2 Savings and temporary cash investmentsStart of year $109,360$116,480
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or useStart of year $3,962$3,962
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $715,802$715,802
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $871,970$847,622
X-17 Accounts payable and accrued expensesStart of year $314$373
X-26 Total liabilitiesStart of year $314$373
X-27 Net assets without donor restrictionsStart of year $771,656$747,249
X-28 Net assets with donor restrictionsStart of year $100,000$100,000
X-32 Total net assets or fund balancesStart of year $871,656$847,249
X-33 Total liabilities and net assetsStart of year $871,970$847,622
Part XI · Reconciliation of net assets $847,249 net assets at year end
XI-1 Total revenue$84,897
XI-2 Total expenses$109,304
XI-3 Revenue less expenses−$24,407
XI-4 Net assets at start of year$871,656
XI-10 Net assets at end of year$847,249

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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